CampusFin

A retailer bought a product from the producer for Rs. 300 and paid a sales tax of 15% and sold the product to customers for Rs. 410. Calculate the profit

Review the verified answer and explanation for this ASF Airports Security Force past-paper question on CampusFin.

A retailer bought a product from the producer for Rs. 300 and paid a sales tax of 15% and sold the product to customers for Rs. 410. Calculate the profit Answer: 65

Step 1: Find the total Cost Price (C.P.) including tax Sales tax=15% of 300=15/100×300=45 Total C.P.=300+45=345 Step 2: Selling Price (S.P.) = Rs. 410 Profit=S.P.−C.P.=410−345=65 Final Answer: Profit = Rs. 65

Question context

This question is part of 📏 Arithmetic Aptitude within the broader 🧠 Aptitude Mastery subject and appears in the ASF Airports Security Force preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.